Despite all the recent buzz about an alt-season, I don’t think the market is quite ready yet. PEPE is currently following the downtrend resistance line, which suggests the trend is likely to persist. A key level to consider for taking profits is around 0.0000079 — a significant price point for PEPE that previously sparked a major rally just before Christmas. This trade has a brilliant risk to reward!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.